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19 February, 2020 00:00 00 AM
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Bezos launches $10 billion fund to combat climate change

AFP, Washington

Amazon CEO Jeff Bezos has pledged $10 billion to a new fund to tackle climate change but activists have urged the world’s richest man to first clean up the e-commerce giant’s own lacklustre environmental record. The e-commerce tycoon said the Bezos Earth Fund would “fund scientists, activists, NGOs—any effort that offers a real possibility to help preserve and protect the natural world.”

“Climate change is the biggest threat to our planet,” Bezos, whose net worth is estimated to be around $130 billion, said in an Instagram post to his 1.4 million followers on Monday. However, Greenpeace USA said Amazon still had “massive climate issues,” asking: “Why won’t Bezos lead by cleaning up his own house?”

Hundreds of Amazon

employees last month signed a blog criticizing the online retail giant’s climate policies and demanding it do more to tackle climate change.

Amazon has been accused of creating vast amounts of waste from the packaging it uses for doorstep deliveries, as well as for the greenhouse gas emissions from huge vehicle fleets.

The company, which in December said its workforce had hit 750,000, has also been denounced over its carbon footprint because of the high energy consumption of its server farms for its lucrative cloud computing activities.

Amazon Employees for Climate Justice, the group behind last month’s criticism, responded to Bezos’ pledge by urging the company to stop working with oil and gas companies and swap its diesel trucks for electric vehicles.

“We applaud Jeff Bezos’ philanthropy, but one hand cannot give what the other is taking away,” the group said in a statement.

Bezos, who maintained his status as the world’s richest person despite an expensive divorce last year, said his new foundation would begin issuing grants later this year.

 

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Editor : M. Shamsur Rahman

Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

Editor : M. Shamsur Rahman
Published by the Editor on behalf of Independent Publications Limited at Media Printers, 446/H, Tejgaon I/A, Dhaka-1215.
Editorial, News & Commercial Offices : Beximco Media Complex, 149-150 Tejgaon I/A, Dhaka-1208, Bangladesh. GPO Box No. 934, Dhaka-1000.

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